Under Section 27 of the Banning of Unregulated Deposit Schemes Act, 2019, the complaint for cognizance…
Under section 27 of the BUDS Act, cognizance of a section 4 offence requires a complaint made by the Regulator, not a depositor, police officer or District Magistrate.
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Under Section 27 of the Banning of Unregulated Deposit Schemes Act, 2019, the complaint for cognizance must be made by:
Answer and explanation
Correct answer C
Under section 27 of the BUDS Act, cognizance of a section 4 offence requires a complaint made by the Regulator, not a depositor, police officer or District Magistrate.